The market for Direct-To-Shape Inkjet Printing Market is expected to reach USD$ 2.80 Bn in 2027.
Additionally, it provides the ideal way to deliver the package as a valuable asset by providing the brand message, product specifications, and other details. The growing adoption of direct-to-shape inkjet printing in marketing is the key factor that drives the growth of this market.
Furthermore, the growing adoption of this printing technique over labels is also augmenting the growth of the direct-to-shape injectable printing market. Moreover, these printers provide cost-effective and high-quality printing of 3D objects, which has resulted in the growing use of direct-to-shape injection printing in the graphics and commercial printing industries. This is also propelling the growth of the direct-to-shape inkjet printing market across the globe.
In 2018, the overall direct-to-shape inkjet printing market was led by the food and beverage industry in its end-user segment, contributing to over 46% of the total revenue generated globally. Direct-to-shape inkjet printing is increasingly being used to print on cans, bottles, and packages of food and beverage products.
The growing use of food packages for marketing is anticipated to fuel the growth of direct-to-shape inkjet printing in the food and beverage industries. These printing processes improve the flexibility of the product and increase production efficiency. Thus, it is anticipated to provide several growth opportunities in the food and beverage industry.
The direct-to-shape inkjet printing market was led by North America, with a market share of over 35%, followed by Europe. North America is anticipated to dominate the market through the forecast period. The primary factors that ensure the growth of direct-to-shape inkjet printing in North America include the presence of major players and the high adoption of 3D printing technology in the packaging industry.
Additionally, increasing demand for technology in the biomedical, pharmaceutical, and personal care industries is contributing to the growth of the direct-to-shape inkjet printing market. However, Asia Pacific is projected to be the fastest-growing region in the direct-to-shape inkjet printing market, owing to the growing use of these technologies in the bottle and can printing.
Some of the prominent players operating in the direct-to-shape inkjet printing market include Krones AG, Chumpower Machinery Corp., SMI S.p.A., SIPA S.p.A., Demark Holding Group, and Golfing Mfg. & Development Co., Ltd., Nissei ASB Machine Co., Ltd., Sacmi Imola S.C. Sidel, KHS GmbH, KENPLAS Industry Ltd., Parker Plastic Machinery Co., and others.
The market for Direct-To-Shape Inkjet Printing Market is expected to reach USD$ 2.80 Bn in 2027.
The Direct-To-Shape Inkjet Printing Market is expected to see significant CAGR growth over the coming years, at 6.3%.
The report is forecasted from 2019 -2027.
The base year of this report is 2018.
SMI S.p.A., SIPA S.p.A., Demark Holding Group, and Golfing Mfg. & Development Co., Ltd. are some of the major players in the global market.